Housing costs in Middletown?
A typical home costs
$328,600, which is 2.8% less expensive than the national average of
$338,100 and 20.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Middletown costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,960.
Can I afford Middletown?
To live comfortably in Middletown, New York, a minimum annual income of
$63,000 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Middletown?
The cost of living in Middletown, NY is slightly higher than the U.S. national average. The median home value in Middletown is $152,400 while the national median home value is just over $184,000. Groceries are also more expensive in Middletown as the average cost for a basket of goods is around 8% higher than the U.S. average. Transportation costs such as gas and car insurance are also on par with the U.S. average while utilities such as electricity and water are slightly cheaper overall when compared to other parts of the country. Overall, living in Middletown does require some extra financial planning but it is still possible to enjoy a comfortable lifestyle at an affordable price point.